Aussie Stocks Need Super Cycle Momentum

Aug 29, 2012 2:16 pm EDT

A peak in the mining boom and an uncompetitive exchange rate have hampered Australia’s share market versus global benchmarks this year.

However, the “commodities super cycle”, fueled by China’s urbanization and industrialization, could reassert itself as a force on the Australian market if central banks take action to support global economic growth. This in turn will underpin the Australian economy and the broader Australian share market.